Sean Allocca

One high-net-worth client with more than $20 million in assets took the majority of the losses, the regulator says.

Fintech accelerator Scratchworks kicked off its second competition, having already funded two winning startups from its inaugural contest.

Applications that tackle the industry's compliance issues, automate back-office processes and streamline clearing and settlements are drawing interest from venture capital firms.

The customer relationship management platform will now pull all accessible client information into a single dashboard.

Regulators including FINRA are looking at ways to help spur innovation.

Startups are applying AI and big data to determine how advisory clients make investment decisions in real time.

Digital brokerages are boosting features to bring in new clients.

The RIA offers multiple income-oriented strategies and a proprietary asset allocation tool.

For wealthy people, Uncle Sam is a major challenge to asset growth.

Digital tools that help wealth management clients manage their emotions, he says, will have a big impact on the planning industry.

Early adopters of artificial intelligence are expecting substantial increases in profitability, according to a new survey.

As robo advice expands into other services, such as debt management, the stakes rise to become a hub for a client's entire paycheck and financial life.

Not just taxes, clients care about cost of living, health care quality, crime rates, culture and weather.

Five fired and barred former registered reps stole more than $1 million from clients over a four-year period, according to the regulator.

Collecting information about tobacco use and exercise, gives advisors a better idea about planning for long-term medical care.

Clashes over the Labor Department's fiduciary rule have carried over into the debate on the SEC's proposed regulation.

The advisor used about $410,000 to pay back investors in Ponzi-like fashion to keep the scheme alive, the regulator says.

The independent robo is now offering advisors paperless account rollovers for clients that can be completed in a minute.

A new entrant from Singapore vies for attention in a market that already includes offerings from robo advisors and custodians.

The firm’s partners met while employed as advisors at Merrill Lynch, and later switched to Wells.